I would have never guessed that a double bottom of $2.08 would be possible, but you may be right. I am freeing up funds as well for a drop. Someday the financials will be turning up and I think there are alot of posters here that will be very happy long term.
I cant see the government allowing Fannie and Freddie failing, but you dont know where the lawmakers are invested these days. I will tell you one thing, this market is starting to look scarey for alot of folks. I am glad I have another 20 years until retirement.